Overview
What is Potomac Highlands Airport Authority?
Potomac Highlands Airport Authority is an economic development organization situated in Wiley Ford, West Virginia. Its primary objective is to manage and operate a regional airport, serving as a catalyst for regional growth and development. The authority aims to facilitate smooth air travel and contribute to the local economy by providing essential aviation services. Although the information provided does not specify the scope of its services or the number of employees, it is clear that Potomac Highlands Airport Authority is committed to improving the regional aviation sector.
Official website here: www.cumberlandairport.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Potomac Highlands Airport Authority has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The overall score indicates that the organization operates effectively, with a focus solely on financial health. This high rating is particularly noteworthy as it demonstrates a robust governance structure and fiscal responsibility.
The authority boasts a fully independent board, with all nine members meeting the criteria for independence, which supports transparent decision-making processes. The organization also maintains excellent practices around financial oversight, with no reported diversions of assets and comprehensive audit procedures in place. Its financial ratios highlight a healthy balance between liabilities and assets, coupled with a significant portion of expenses directed toward programs.
However, while the financial metrics are commendable, it is essential to recognize that the rating primarily focuses on accountability and finance. Therefore, stakeholders interested in the operational impact of the authority's programs and their community contributions may need to seek additional information to gain a complete understanding of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Potomac Highlands Airport Authority legitimate?
Potomac Highlands Airport Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potomac Highlands Airport Authority submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $51,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,220
For more financial information, click here
Official website here: www.cumberlandairport.com
What is the mission statement of Potomac Highlands Airport Authority?
The Potomac Highlands Airport Authority serves as an economic development organization with a primary mission: to operate a regional airport. Their role encompasses maintaining and managing the airport facilities, ensuring safe and efficient operations, and fostering growth within the aviation sector of the local region. By operating a regional airport, the authority contributes to the broader economic development of the area, making air travel more accessible and facilitating business and leisure activities.
Official website here: www.cumberlandairport.com
Who is the CEO of Potomac Highlands Airport Authority?
Michael Boggs is the Principal Officer of Potomac Highlands Airport Authority.
Official website here: www.cumberlandairport.com
What is the revenue of Potomac Highlands Airport Authority?
Potomac Highlands Airport Authority's revenue in 2022 was $4,100,665.
Official website here: www.cumberlandairport.com
Who are the executives of Potomac Highlands Airport Authority and what are their salaries?
The average compensation at Potomac Highlands Airport Authority during 2022 was $38,462. There are 5 employees at Potomac Highlands Airport Authority.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $51,090
- Related: $0
- Other: $51,090
Official website here: www.cumberlandairport.com
Where can I find the form 990 for Potomac Highlands Airport Authority?
Potomac Highlands Airport Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cumberlandairport.com
Learn more at the official website: www.cumberlandairport.com
Mission Statement of Potomac Highlands Airport Authority
The Potomac Highlands Airport Authority is an economic development organization with a mission to operate a regional airport. In simpler terms, this organization is dedicated to managing and overseeing an airport that serves a wider geographical area, contributing to the economic growth and development of the region. By operating a regional airport, the Potomac Highlands Airport Authority plays a significant role in facilitating travel and commerce, making it easier for people and goods to move from one place to another. This, in turn, can stimulate economic activity and create opportunities for businesses and communities within the region.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of the Potomac Highlands Airport Authority is primarily focused on economic development in the region through the operation of a regional airport in Wiley Ford, WV. By providing essential aviation services and infrastructure, the authority plays a key role in supporting local businesses, attracting investment, and facilitating transportation connectivity for residents and visitors. This, in turn, can spur economic growth, create job opportunities, and enhance the overall development of the community.
This information is meant to be a general summary of Potomac Highlands Airport Authority. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,861
- Gross Receipts: $4,632,050
Assets and Liabilities:
- Total Assets: $37,096,729
- Total Liabilities: $2,320,163
- Net Assets: $34,776,566
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1976
Phone
(304) 738-0002Principal Officer
Michael Boggs
Main Address
165 TERMINAL LOOP, WILEY FORD, WV, 26767
Website
www.cumberlandairport.comNTEE Category
Code: W40O - Public benefit
If you are a representative of Potomac Highlands Airport Authority and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.